Abaxis Inc. has plans to enter the animal health commercial laboratory market with a new alliance with Kansas State University, K-State Veterinary Diagnostic Lab and the National Institute for Strategic Technology Acquisition and Commercialization, the commercial arm of Kansas State University.
The Union City, Calif.-based company made the announcement today.
The alliance will prove a full service commercial laboratory for veterinarians across the United States, according to Abaxis.
“We have been working on this project for one and a half years, and are excited that the strategic alliance has finally come together so we can get to work on executing the plans that have been in place for some time now,” said Clint Severson, Abaxis CEO and Chairman of the Board.
The Abaxis Veterinary Reference Laboratory (AVRL) will be based in the Kansas City area.
Abaxis reported secured employment agreements with senior executives and extensive experience in start-up, operation and commercialization of laboratory services.
The company also said it has contracted with consultants with broad experience in animal health laboratory commercialization and has had extensive Abaxis Advisory Board participation in the planning phases of the laboratory.
“While this venture will be a full service, highly competitive commercial laboratory, it will focus on specialty and esoteric testing and analysis which today cannot typically be conducted at the point of care,” said Martin Mulroy, vice president of sales and marketing for North American Animal Health at Abaxis. “AVRL gives Abaxis yet another tool to help our customers operate the most comprehensive, competitive and cost-effective veterinary practices in the U.S.”